National Health Spending

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The Prime Minister could hardly have been more clear in his speech at the Mercedes-Benz training academy in Milton Keynes yesterday. There will be no five-year freeze on spending and the protected status of National Health Service spending will remain in place. It is also highly unlikely that there will be any change to the benefits currently paid to wealthy pensioners.

There is nothing ignoble about these commitments. The Prime Minister is simply pledging to keep his promises. There is also a good argument for maintaining public expenditure on a service in which inflation runs at 7 per cent a